Kinder Morgan applies for Trans Mountain tolls

June 29, 2012|Reuters

CALGARY, Alberta, June 29 (Reuters) - Kinder Morgan EnergyPartners said on Friday it filed an application for thetolls and contract terms of the proposed $4.1 billion expansionof its Trans Mountain oil pipeline to Canada's West Coast fromAlberta.

It stressed the application to the National Energy Board wasnot for approval of routing or construction of the project, butto provide regulatory and market certainty to customers thatwould sign up for 20-year terms. It said it expects to apply tobuild the project late this year.